TheChartGuys

BTC Bull Break and Daily Trend Shift

COINBASE:BTCUSD   Bitcoin
Bull break of the double top on the hourly chart.
Bulls shifting the daily trend with a bullish MACD approaching.
We have just a few resistance levels before all time highs.
As mentioned in a recent youtube video, the market is shifting a bit, moves are not as fast...
which has led to me taking smaller positions, to leave more wiggle room before stop levels trigger, and holding swings overnight.
I did it with ETH and last night with BTC and LTC.
We are looking for higher lows and higher highs on the 4 hour chart to continue to shift momentum back to the bulls.
Due to the breakout, we can consolidate $500 easily and still be healthy for the bulls, which is where more wiggle room for stops comes into play.
I also sold my long GNT positions a couple days ago back into BTC as well. I will go back to GNT when it looks like BTC is done...
But we could very easily see all time highs this month, so patient.

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